The post Strategy launches $1.4 billion reserve to support dividend payments appeared on BitcoinEthereumNews.com. Key Takeaways Strategy established a $1.4 billion USD reserve to support dividend payments and interest obligations. The reserve was funded by selling MSTR Stock and the company increased its regular dividend rate on STRC Stock. Strategy, the largest corporate holder of Bitcoin, has set aside a $1.4 billion USD reserve to stabilize dividend and interest payments, funded through recent ATM stock sales, and plans to scale the reserve to cover at least 24 months of obligations, according to a new SEC disclosure. From mid-November to month-end, the company raised $1.48 billion and purchased 130 Bitcoin, bringing its total holdings to 650,000 BTC. Alongside dividend increases and year-end payouts on multiple preferred series, Strategy named Thomas Chow as Executive Vice President & General Counsel, succeeding Wei-Ming Shao, who will remain temporarily as an advisor through December. Source: https://cryptobriefing.com/usd-reserve-strategy-dividend-support/The post Strategy launches $1.4 billion reserve to support dividend payments appeared on BitcoinEthereumNews.com. Key Takeaways Strategy established a $1.4 billion USD reserve to support dividend payments and interest obligations. The reserve was funded by selling MSTR Stock and the company increased its regular dividend rate on STRC Stock. Strategy, the largest corporate holder of Bitcoin, has set aside a $1.4 billion USD reserve to stabilize dividend and interest payments, funded through recent ATM stock sales, and plans to scale the reserve to cover at least 24 months of obligations, according to a new SEC disclosure. From mid-November to month-end, the company raised $1.48 billion and purchased 130 Bitcoin, bringing its total holdings to 650,000 BTC. Alongside dividend increases and year-end payouts on multiple preferred series, Strategy named Thomas Chow as Executive Vice President & General Counsel, succeeding Wei-Ming Shao, who will remain temporarily as an advisor through December. Source: https://cryptobriefing.com/usd-reserve-strategy-dividend-support/